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Business News›Markets›Stocks›News›Companies with Indian-origin CEOs make up a chunk of S&P 500’s m-cap
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![Companies with Indian-origin CEOs make up a chunk of S&P 500’s m-cap (3) Companies with Indian-origin CEOs make up a chunk of S&P 500’s m-cap (3)](https://i0.wp.com/img.etimg.com/thumb/msid-94046036,width-525,height-393,imgsize-498349,resizemode-75/markets/stocks/news/indian-origin-ceos-head-over-5-of-sp-500-companies.jpg)
Synopsis
Data sourced from Bloomberg show that the 26 companies that have Indian-origin CEOs effectively constitute over 5% of the S&P 500 Index and 13% of its total market capitalisation.
ET Intelligence Group: As the newly-appointed CEO of Starbucks Inc, Laxman Narasimhan joins 25 other Indian-origin individuals that are CEOs of S&P 500 Index companies. The S&P 500 index includes 500 leading companies that are listed on exchanges in the US and covers approximately 80% of the available market cap.Data sourced from Bloomberg show that the 26 companies that have Indian-origin CEOs effectively constitute over 5% of the S&P 500 Index
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